财政政策挤出效应的若干理论研究——挤出效应大小的度量和影响因素分析

财政政策是一项重要的宏观经济政策,扩张性的财政政策能扩大总需求,但是也会对私人投资产生挤出效应。挤出效应作为财政政策的一种外部性,有其产生的机制和表现的特征。本文阐述了挤出效应的内涵、产生的机制和宏观特征,然后试图对挤出效应的大小进行度量,并分析了其主要影响因素。

A research on several theories about the crowding out effect of fiscal policy

Fiscal Policy is one of the important macro economical policies. The expansionary fiscal policy can enlarge the aggregate demand while can bring crowding out effect on individual investment. As one externalization of fiscal policy, the crowding out effect has its mechanisms of formation and representative characters. This paper indicates the connotation, mechanisms and macro economical characters of the crowding out effect. Furthermore, this paper measures the size of the effect and analyzes the corresponding influencing facts of the effect.